Conflict Avoidance and Dispute Resolution (level 1) Flashcards

1
Q

What are the general principles of good dispute resolution management

A
  1. good management
  2. good record keeping
  3. good payment practice
  4. clear contract document
  5. good contractor management
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2
Q

What are the three pillars of dispute resolution

A
  1. negotiation- parties resolving amongst themselves- fact finding, expert opinion
  2. mediation- third party not binding- conciliation
  3. adjudication- third party binding-expert determination, arbitration and litigation and ombudsman
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3
Q

What are some of the advantages and disadvantages of arbitration

A

Advantages-

  1. private
  2. time saving- it tends to be quicker than say litigation
  3. binding decision (could also be considered negative)
  4. cost effective- less time equals less money. Also neither party needs legal representation.

Disadvantages-

  1. binding- if it doesn’t go your way it can be very hard to challenge, can only really challenge the facts if they are incorrect
  2. Cost- not always cost effective if the matter being challenged isn’t of high enough value
  3. lack of cross examination
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4
Q

What is arbitration

A

Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute

(for arbitration to be allowed it must have been stipulation in the contract that both parties agreed to)

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5
Q

What is the RICS guidance on conflicts

A

1.Conflict Avoidance and Dispute Resolution in Construction 2012

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6
Q

What does ADR mean

A

ADR means alternative dispute resolution, and refers to processes which are alternatives to the traditional binding dispute resolution procedures e.g litigation and arbitration

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